The Calgary Flames have traded forward Tyler Toffoli to the New Jersey Devils in exchange for the signing rights to forward Yegor Sharangovich and a third-round pick.
One of the busiest days on the NHL's trade market just got busier.
The Calgary Flames kickstarted their active off-season on Tuesday, trading forward Tyler Toffoli to the New Jersey Devils in exchange for the signing rights to forward Yegor Sharangovich and a third-round pick in the 2023 NHL draft.
Sharangovich is an RFA with arbitration rights. According to TSN's Chris Johnston, no extension talks between his camp and the Flames have taken place as of yet.
Adding a player like Toffoli is a massive coup for the Devils, who took a major leap forward last season to become one of the most promising young teams in the entire league. Despite a chaotic season in Calgary, Toffoli still racked up terrific numbers as a bonafide top-six offensive weapon, finishing with 34 goals and 39 assists for 73 points in 82 games.
Under contract through 2023-24 at a cap hit of $4.25 million, Toffoli gives the Devils another important piece of forward depth while still leaving them with enough available cap space to sign pending RFA Timo Meier.
As for Sharangovich, the 25-year-old has shown flashes of exciting potential throughout his young career thus far, breaking out for 24 goals as recently as 2021-22. While his 2022-23 production signified something of a step back for the young winger, Sharangovich will undoubtedly get a more plentiful role in Calgary than New Jersey could offer him, and may very well be the fresh start he needs to get his game back on track.